Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
LINK Tests $13.50 as Bulls Watch $16 and $20 Levels for a Breakout Move

LINK Tests $13.50 as Bulls Watch $16 and $20 Levels for a Breakout Move

CryptonewslandCryptonewsland2025/11/30 05:33
By:by Yusuf Islam
  • LINK trades below the main trendline yet holds near $13.12 as traders study the next upward path.
  • LINK needs a break above the long trendline to open a path toward $16 and later the $20 zone.
  • LINK intraday action stays slow yet traders wait for a clean move above $13.50 to guide entries.

LINK traded near $13.12 on November 28, as the chart showed the token pressing against a lower high trendline that controlled price action for months. The structure remained weak yet the formation showed space for a possible move toward $16 or even $20 if the market produced enough strength. Traders tracked the $13.50 zone as a key trigger for short-term direction and looked for a clear break to confirm a new trend.

Daily Structure Shows Pressure on the Lower High Trendline

The daily candle for LINK turned soft again. LINKBTC also declined. Yet the pair moved near the lower high trendline. This trendline has guided the price since early autumn, as repeated retests blocked each rally. A break above this point could shift the market tone. It could help LINK build a new bullish structure from its current zone.

LINK Daily Technical Outlook: $LINK closed indecisively. However, weakness is present. We’ll wait for mature candles from LINKBTC to gain upside momentum. Above $13.50 is bullish where I'll look for a long. Below this, the market will see more sideways volatility 🧙‍♂️ pic.twitter.com/tF49aazDEo

— CRYPTOWZRD (@cryptoWZRD_) November 29, 2025

The chart showed $16.00 as the next major WZRD resistance. This level capped several earlier moves. Below the current price, the $12.50 line acted as the main support. The market respected this zone in recent sessions. The token held above it through several tests in November.

Daily volatility stayed moderate. Yet the broader structure kept traders alert. A single question shaped their focus: can LINK force a clean break above the trendline before momentum fades again?

Intraday Action Remains Slow but Key Levels Hold Firm

Intraday movement stayed slow through the session. The chart offered limited impulses. Traders marked $13.50 as an important intraday resistance. A move above this line could signal bullish intent. It could also open a path toward $14.00 and then the $16.00 level.

Holding below $13.50 would keep the structure bearish. The chart displayed $11.80 as the next major support. This area played an important role earlier this month. Breaks toward this region often brought sharp reactions. Traders watched this area carefully as the weekend approached.

The chart also revealed a series of equal lows that showed a stable base near the $12 area. This pattern offered additional support for traders seeking long setups. The downside remained limited as long as the price held above this base.

Broader Outlook Tracks $16 and $20 as Main Resistance Areas

Data from the chart showed a long decline that started near $20 in September. The downtrend formed a clean diagonal line. This line met the current price near the $13 zone. A break above this diagonal could allow LINK to move toward $16. Later progression toward $20 would require strong market support.

The chart also showed historic resistance near $30.00 from earlier in the year. This point sat far from the current price. Yet it remained an important marker for long-term traders. Intermediate levels at $16 and $20 would need to break first.

Support levels at $12.50, $10.00, $9.50, $7.30, $6.00, and $5.00 also appeared on the chart. These lines showed clear zones from previous cycles. Traders used them to plan entries and exits with high accuracy. The market offered no strong catalyst yet. Yet the chart structure showed potential for a shift if the trendline finally breaks.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SEC Weighs Blockchain Advancements Against Regulatory Prudence in Stock Tokenization Discussion

- Nasdaq seeks SEC approval to tokenize stocks via blockchain, enabling tokenized shares to trade alongside traditional equities on the same order book. - The proposal maintains regulatory continuity by retaining CUSIP identifiers, DTC custody, and compliance with Regulation NMS, while blockchain serves as a settlement layer. - SEC remains cautious, stressing tokenized assets must adhere to existing securities laws and addressing technical challenges like custody keys and short-sale mechanics. - Critics wa

Bitget-RWA2025/11/30 08:38
SEC Weighs Blockchain Advancements Against Regulatory Prudence in Stock Tokenization Discussion

Solana's Latest Price Fluctuations and Market Impact: Addressing Network Safety and Smart Contract Challenges in Fast-Paced Blockchain Systems

- Solana's high-speed blockchain faced 2022-2024 security breaches including Wormhole bridge exploits, oracle manipulation, and supply chain attacks, eroding investor trust. - Major incidents exposed systemic risks in cross-chain infrastructure, centralized oracles, and third-party dependencies, prompting governance upgrades like stricter audits and spam filters. - Investors shifted toward structured yield frameworks (e.g., SolStaking) prioritizing transparency and regulated custodians to mitigate risks am

Bitget-RWA2025/11/30 08:38
Solana's Latest Price Fluctuations and Market Impact: Addressing Network Safety and Smart Contract Challenges in Fast-Paced Blockchain Systems

XRP News Today: XRP's Upward Surge Continues Despite Challenges as ETFs and Derivatives Indicate Robust Growth

- XRP's price rebound above $2.20 and ETF listings (XRPZ, GXRP) signal strong institutional adoption and bullish momentum. - Technical analysis highlights descending triangle patterns and Fibonacci targets ($2.26-$3.23) as key resistance levels for potential breakouts. - Derivatives data shows aggressive long positioning (Binance ratio 2.6) and 57% options open interest growth, indicating sustained market optimism. - Regulatory risks and altcoin volatility persist, but ETF-driven liquidity and institutiona

Bitget-RWA2025/11/30 08:20
XRP News Today: XRP's Upward Surge Continues Despite Challenges as ETFs and Derivatives Indicate Robust Growth

Bitcoin’s Abrupt Price Swings in Late 2025: Major Economic Drivers and the Strength of Institutional Players

- Bitcoin's late 2025 volatility stemmed from Fed rate-cut expectations and Trump-era tariff uncertainty, triggering a $16B liquidation event. - Institutional investors maintained BTC holdings, leveraging ETFs and regulatory clarity to navigate market turbulence. - Regulatory tailwinds, including ETF approvals and tokenized structures, bolstered strategic positioning in crypto-related equities and hedging tools. - Corporate entities increased BTC allocations by 8.4% amid reaccumulation phases, contrasting

Bitget-RWA2025/11/30 08:20
Bitcoin’s Abrupt Price Swings in Late 2025: Major Economic Drivers and the Strength of Institutional Players